Dear Horizon Protocol Community,

We are proud to announce the start of the initial distribution phase of Horizon Protocol (HZN) on 9am UTC on Thursday 15th April 2021, in collaboration with PancakeSwap via their new IFO 2.0 process.

IFO Sale Details

  • IFO access: https://pancakeswap.finance/ifo
  • Sale start block: TBC (approx. 9am UTC on Thursday 15th April 2021)
  • Sale end block: TBC (approx. 10am UTC on Thursday 15th April 2021)
  • Amount to be raised: $2,500,000 USD in CAKE-BNB LP tokens
  • Tokens to be sold: 10,000,000 HZN (10% of initial HZN total supply)
  • Price per token: 1 HZN = $0.25 USD
  • Cake to…


We are excited to announce that Horizon Protocol has been deployed to the Binance Smart Chain (BSC) Mainnet!

This includes:

We also want to confirm that there will be three farming pools available on the Horizon Staker that will reward HZN:

  • PHB pool
  • HZN pool
  • HZN/BNB LP pool

Exact farming and reward…


We are happy to share that the independent security audit is complete with no vulnerabilities detected.

You can access the detailed English security audit report here and the Chinese version here.

This marks a key milestone in ensuring the safety and security of the Horizon Protocol. The development team has already begun further tests to prepare for mainnet HZN token launch whilst the executive team are progressing the last items to facilitate the release of staking details.

As always, all of us at the Horizon Protocol team thank the community for the continued support and feedback that makes this all possible.

Stay up to date and join the conversation at:


Summary:

  • The Horizon Protocol inflation policy incentivizes collateral and liquidity providers.
  • Purpose is to stimulate early growth and overall health of the protocol.
  • Inflation is rewarded to users that provide collateral and liquidity.
  • The policy is front-loaded to reward early adopters.
  • Rewards are calculated and distributed weekly.

Introduction

The Horizon Protocol inflation policy incentivizes collateral and liquidity providers. The Horizon Protocol functions around collateral to back synthetic assets (zAssets) linked to real world assets using price oracles. There is a 0.3% transaction fee when trading zAssets that translates directly into rewards for those staking HZN and providing liquidity in LPs…


Happy Chinese New Year!

We are pleased to announce the milestones we have reached during the CNY holiday period, the items we are currently focusing on, and things to expect in the foreseeable future.

The staking smart contracts for Horizon Protocol have passed an independent security audit by Knownsec and no risks were detected. You can find the detailed report here. The security audit for the Genesis platform and Horizon Token Contract (HZN) is currently underway.

Horizon Protocol development is currently centered on the prerequisites for mainnet launch of the Horizon Token (HZN). …


The first phase of the Horizon Genesis Testnet launch is complete.

The migration of code and smart contracts from the Ethereum chain to the Binance Smart Chain has been successful. Now we move forward to test the functionality and user interface of the Horizon Genesis dApp. At this time, the current front-end features available on the Horizon Genesis dApp are minting, burning and claiming. You will be able to mint zUSD by staking HZN and thereby incurring a debt that’s maintained by a collateralization ratio. Burning zUSD in effect repays debt and allows for reclaiming of HZN or managing the…


Introduction

Horizon Protocol is a new DeFi platform that facilitates the on-chain trading of synthetic assets that represent the real economy. Horizon Protocol seeks to provide exposure to real-world assets risk/return profiles via smart contracts on the blockchain. Forked from Synthetix, Horizon Protocol will leverage the time-tested derivative liquidity protocol and bring interoperability, scalability and a whole new array of tradable, real-world derivative products to the DeFi ecosystem. Our commitment to the Binance ecosystem and native implementation on Binance Smart Chain (BSC) offer users the speed and dependability that is currently lacking on the Ethereum blockchain.

Horizon Features & Highlights

  • Synthetic Asset Creation
  • Real-World Asset…

Horizon Protocol

A DeFi platform facilitating the creation of on-chain synthetic assets representing the real economy.

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